NAHCO en­dows pro­fes­so­rial chair in avi­a­tion eco­nom­ics at BUK

Daily Trust - - BUSINESS - From Chris Agabi, La­gos

Nahco aviance has en­dowed a pro­fes­so­rial chair in avi­a­tion eco­nom­ics at the Bayero Univer­sity Kano (BUK).

The en­dow­ment would en­able the chair carry out re­search in avi­a­tion eco­nom­ics in par­tic­u­lar and the avi­a­tion in­dus­try gen­er­ally, Nahco aviance said in a state­ment.

The state­ment quoted the Chair­man of the com­pany, Al­haji Sule­man Yahyah, say­ing in Kano “that Kano de­serves such an hon­our be­ing the first city to re­ceive an air­craft in Nigeria as far back as 1930s.”

Ex­plain­ing the choice of Kano, Yahyah said Kano is one of the cen­tres of ex­cel­lence in Nigeria, adding that Kano has sev­eral hun­dreds of years of his­tory of com­merce, dat­ing back to tran­sSa­hara trade.

Yahyah said: “The Mal­lam Aminu Kano Air­port was the first air­port es­tab­lished in West Africa in 1930s and our core busi­ness in nahco PLC is avi­a­tion han­dling. So when we de­cided as a com­pany to re­align our CSR from mere do­na­tions, and in­ter­ven­tions and sup­port to longert­erm sus­tain­able sup­port, we felt that BUK hav­ing sus­tained a tra­di­tion of aca­demic ex­cel­lence and who had bred sev­eral cham­pi­ons who are to­day in po­si­tions of lead­er­ship in var­i­ous sec­tors of Nigeria econ­omy, this should be one of our first port of call.”

The Vice-Chan­cel­lor of the Univer­sity, Pro­fes­sor Abubakar Rasheed, said that the money com­ing with the re­search will go a long way in train­ing doc­tor­ate stu­dents in the area of Trans­port Econ­omy, hold­ing an­nual con­fer­ence in trans­port econ­omy and pub­lish­ing the re­ports of the con­fer­ence.

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